Faraday Future, primary investor crushed by mounting debt, lawsuits

Faraday Future FF 91Struggling Faraday Future and its founding investor Jia Yueting are facing financial and legal woes that threaten the company's existence. Jia specifically has been placed on an official list of debt defaulters on a website run by the Chinese government after the LeEco founder failed to follow a court order stipulating he pay a debt of more than...

What was our most important story of 2017? Twitter poll results

2017 Tesla Model 3, 2017 Los Angeles Auto ShowYear-end roundups are an unavoidable necessity of the media business. They let editors and writers opine, and they fill space when there may be little real news. They also serve the more valuable function of forcing a longer-term perspective on the hundreds of news items a month that flow through any given writer's feeds. DON'T MISS: Tesla Model...

First all-electric NEVS 9-3 sedans (nee Saab) built in China two weeks ago

Production of first NEVS 9-3 at plant in Tianjin, China is celebratedThe company that bought the remains of Swedish carmaker Saab, known as National Electric Vehicle Sweden (NEVS), finally celebrated the start of car production in China two weeks ago. NEVS first production vehicle is the 9-3 electric, of which it plans to produce 50,000 copies annually during phase one at its assembly facility in Tianjin, China. It...

Why China will beat U.S. in electric-car battle: urgency, regulations

2016 BYD Tang plug-in hybrid SUV, made in ChinaAs the electric-vehicle market matures and more global automakers commit to building battery-powered cars, one driving force has emerged to lead the pack. With apologies to the title of a comedy from half a century ago ... The Chinese Are Coming. That's the assertion made by old China hand Michael Dunne, of Dunne Consulting in Hong Kong, who makes...